Published On:
November 18, 2025
Updated On:
November 18, 2025
GNIDA has launched a Rs 3,600-crore commercial land scheme with 37 plots across five major sectors. With FAR 4.0 and FAR 2.0 options, strict timelines, and high reserve prices, the scheme aims to accelerate Greater Noida’s commercial expansion while strengthening GNIDA’s financial base.
Greater Noida Industrial Development Authority (GNIDA) has launched a Rs 3,604-crore commercial land scheme offering 37 plots through e-auction. These plots are located across major sectors including Sector 3, 10, 12, Ecotech-1 Extension, and Ecotech-12. The scheme aims to accelerate planned commercial growth by attracting developers for malls, hotels, offices, retail, and mixed-use projects.
The scheme offers two Floor Area Ratio (FAR) configurations:
• FAR 4.0 (25 plots): Suited for vertical commercial projects like malls, hotels, banquet halls, and large office complexes.
• FAR 2.0 (12 plots): Intended for smaller commercial activity such as shops, restaurants, and service outlets.
Reserve prices vary sharply based on sector and size; FAR-4 plots range approximately from Rs 24 crore to Rs 216 crore.
E-auction registrations opened on 13 November 2025 and will close on 5 December 2025.
Developers must complete the project within 5 years, with Phase 1 due within 3 years.
Consortium bidding is allowed, but subdivision or merging of plots is not permitted.
Greater Noida is positioning itself as a key commercial hub in the National Capital Region (NCR). High-FAR plots enable vertical development, increasing commercial density. The area benefits from improving road networks, industrial clusters, logistics strength, and its proximity to the upcoming Noida International Airport.
GNIDA has aggressively monetized land over recent years. Between 2023 and 2025, it raised Rs 6,870 crore from land allotments. Successful subscription of this scheme could further strengthen its financial position, enabling faster development of roads, utilities, and civic infrastructure.
• High Reserve Prices: Only large developers with strong balance sheets are likely to participate.
• Completion Risk: Delays could arise from financing constraints, regulatory hurdles, or construction challenges.
• Market Uncertainty: Demand for commercial real estate can fluctuate based on economic cycles.
• Compliance Requirements: Developers must navigate approvals, environmental clearances, and sector-specific rules.
The scheme is launched at a phase where investor appetite is strong, infrastructure support is improving, and regional commercial demand is rising. Offering both FAR-4 and FAR-2 plots is designed to support both large projects and smaller commercial needs.
The Rs 3,600-crore scheme signals GNIDA’s intention to accelerate commercial expansion through well-located plots, flexible FAR options, and high development potential. Its success will depend on investor response, project execution, market stability, and policy continuity.
